Building Philanthropy to Build a Better Florida

A New Approach to Community Investment: The Jessie Ball duPont Center Story

Publication date: 
02/2016

In 2015, downtown Jacksonville saw the grand opening of the Jessie Ball duPont Center, a renovated library that provides offices for nonprofits and work and gathering spaces for the community in an energy-efficient environment with state-of-the-art technology. The Center was made possible through an innovative community investment approach by the Jessie Ball duPont Fund, which holds the Center as an asset in its investment portfolio. The Fund has chosen to invest a small portion of its assets for the benefit of the community rather than for the rate of return on the endowment.

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